The whole offer is very strange.— Carol Paton, Business Day
The Strategic Fuel Fund (SFF) - Government’s keeper of strategic fuel stocks - on Wednesday announced that it has offered to buy Chevron South Africa’s assets.
These assets include 845 Caltex petrol stations, its refinery in Cape Town and its Durban lubricants factory.
On Thursday Energy Minister Tina Joemat-Pettersson said the SFF didn’t consult her regarding its resolution to bid for Chevron South Africa’s assets.
According to Joemat-Pettersson, this is a major governance breach and illegal.
The Money Show’s Bruce Whitfield interviewed famed Business Day journalist Carol Paten.
Scroll down for quotes from the audio below.
Perhaps they think that by being bold and audacious they’ll force the hand of the Minister.— Carol Paton, Business Day
In December they sold oil stocks without permission and nothing happened!— Carol Paton, Business Day
These are complex businesses. You need the discipline of shareholders and competition to keep on the straight and narrow.— Carol Paton, Business Day
State-run newspaper The Herald carried 26 pages of full-colour advertisements congratulating him.
That’s 6000 per minute… 360 000 per hour… 8.64 million per day… You get the idea. Shoprite is rocking!
The Money Show’s Bruce Whitfield interviews oil and energy expert Rocco Strydom.
Bruce Whitfield interviews "Dr Eve" Wasserman about her attitude to money (hopes and fears, successes and failures, etc).
Bruce Whitfield interviews Prof Ian Goldin, author of “Age of Discovery: Navigating the Risks and Rewards of Our New Renaissance”.
You should make lots of money (while you sleep!) if you invest in this company suggested by Investment Analyst Nadim Mohamed.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
National Student Financial Aid Scheme says it will reopen 2017 loan applications after receiving requests for deadline extension.
Bruce Whitfield interviews Debbie Goodman-Bhyat, author of “INtheFLOW – Taking Mindfulness to Work”.
Gauteng will yet again experience heavy thunderstorms on Friday, according to the South African Weather Service.
Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.